A field guide to private placements
Jo shua Brown tells you about Private Placements so that you don't need to do the hard lifting yourself. As it turns out, its really quite simple Because I'm in the business of helping people, I thought I'd offer up my own 3-step guide for stockbrokers when conducting due diligence on private placements: Step 1 : Make sure you have a copy of the Private Placement Memorandum (also referred to as the PPM). You're going to want to light this PPM on fire and drop it into a Hazmat dumpster at least five miles from your office. Step 2 : Tell the banker/firm owner/branch manager or whoever brought it to you to go fuck himself. Step 3 : Head over to Dunkin Donuts, get yourself a Coffee Coolatta . Yes, I know they've got hundreds of calories - but you're worth it. You've done some good this day. And seriously, having been on the receiving end of too many of these pitches, I can pretty much concur with Josh. As he puts it I've seen hundr...